Insurance penetration at less than 1%

There is ample potential for the short term insurance business to grow in Botswana as less than one percent of the population is covered.

According to chief executive officer of Old Mutual Botswana, Jack Bekker the low insurance penetration in Botswana and Africa as a continent provides significant opportunities for the industry.

“There is great potential for growth on the African continent, given the low insurance penetration and the expected increase in middle class households.

Editor's Comment
Fighting GBV is for us all

Despite legislative reforms and various initiatives aimed at curbing Gender-Based Violence (GBV), the situation remains dire. It is imperative that all stakeholders; government, civil society, communities, and individuals join forces to combat this issue and protect the rights and safety of women and girls.Recent statistics from the Botswana Police Service reveal a deeply troubling trend, with 60 rape cases recorded during the festive period....

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